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Very good entry from here to 900 sats - this is establishing a HL and is going to rocket.
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Today I am just starting to study daily trading, as well as how to correctly make a technical analysis. In addition, on all the resources that I visit, they respond very positively about Altcoin Monero , because this coin has very high volatility, which gives unlimited opportunities for earning using various trading strategies. According to research data, Monero’s growth potential is still not exhausted, and therefore it is obvious that even with the use of the simplest trading strategies on Forex, you can earn very well and most importantly do not provoke frequent triggering of stop orders. I now try to work only on trading simulators, but meanwhile, when choosing coins for real daily trading, Monero will be one of the first.
monero is a good choice for daily trading, because Alts is also a favorite coin that is much in demand by its users. and is the most popular currency in terms of total market capitalization Monero is not an alt, it is what sheep think Bitcoin is.
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How's everyone feeling?
What's the sentiment right now... I'm starting to feel bullish again.
Monero, whatever its USD value is deafeningly undervalued in BTC terms.
ATH on transactions is delightful.
Engineering still looks strong, Tari coming along.
Anyone feel we actually might even see ATH again?
Extremely bullish on monero, for me it is the only true digital cash.
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This market is all about Btc and right now it's not showing a true representative of some outstanding technology like Monero. Physical cash between 2 individuals is private and so should digital cash. Monero is what people think Bitcoin is.
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Loving the dips on the btc ratio, feel it's got a legit chance of Monero challenging Btc in the future, to me Monero is digital cash.
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Only eth but double digits look inevitable for that too..
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I like this project...its super cool and I can see this easily getting into the top 50 this year.
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Think like BIG whales and you will realise Eth will dump hard
Eth and DEFI are going to change this market positively forever...
Etereums development, dApps, adoption, flexibility and usage is going to blow Btc out of the water BUT do you really think they are going to let ordinary retail, us benefit from this? Not a chance!! They are gonna drop it to the pits of hell, shake out everyone of us....best case scenario and I repeated it in another thread is another visit to $80...screen shot it! It could get much bloodier until everyone gives up and packs their bags.
Lucky is he who will get in near the bottom because for sure in my book Eth flips Btc over the next few years...there is a universe being built on Eth.
Soon people will be tying the knot on Eth's blockchain, signing for mortgages, loans, cars etc etc.
No other platform comes close!
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ETH to 70$? I do not think so, But if Ethereum will be 70$ then opportunity to buy more !It is just a matter of time. Ethereum will start to rising in next couple of months once things gets synced properly.
Thanks
70$ will be ideal price to buy eth though I doubt it will fall that badly. It's one of the best altcoins and second-best after bitcoin. Problem with altcoins is that they only go up when bitcoin goes up. In the next bull run, I hope eth will take some decent push. You are right, previously it happened many times whenever the price of Bitcoin increases, most of the potential altcoin started increasing. From the past one year, we are seeing completely different whenever the price of Bitcoin increases, most of the potential altcoin are decreasing their prices. That's because there's no fresh money coming into the market so the value ratio from alts are being taken out to pump Btc.
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Regardless of how much price has increased through time, past performance is *not* indicative of future results and I'm of the opinion that the pump from 3k - 14k is a case of halving now priced in. Even my Grandma who knows nothing about crypto knows about halving...
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Ltc is an outdated and unused shitcoin that will eventually head out of the top 50 imo... Read https://cryptobriefing.com/novogratz-bitcoin-ethereum-overtake-bitcoin/Litecoin, for example, has a “very vibrant community,” according to Novogratz. “But it’s a community of speculators,” he said. “There’s no one building anything on the Litecoin blockchain.” “ To me,” he added, Litecoin has “no future. “ Wakeup and stop investing in dead coins. Ltc ratio will likely get a reaction against Btc at 5200 but it will be shortlived... this looks like a long bleed down to 4490 and then 3170 at some point. As for the dollar peg...I will not be surprised to see a single digit Litecoin in the future. I believe we are experiencing and dotcom type cleansing where this horrible apocalypse is far from done.
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If you read charts it's clear where Eth is going in regards to btc which to me hasn't bottomed. Please be prepared for further downside volume node of support sits at around 0.015 - 0.011. Eth will get a reaction there but if that support eventually caves in Eth is going back down to post ICO BTC ratios 0.008 - 0.004.
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All majors simply follow the movements of Btc which in itself is very bearish..you are better off with tight stop losses taking chances on the newer alts that show volume and strength. There are far fewer bag holders which leads to resistances being broken quite easily on the way up.
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No demand for this coin - my charts show a slow steady decline below $10 and a painful drop out of the top 20. It's about time we move away from speculation and not have coins which are simply a copy and paste jobs of Btc.
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Best case scenario $70 but possibly $14 too...
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A lot of people were hyped about Hedera Hashgraph but if you look at the amount of tokens that are going to get unlocked it would make sense to keep well away.
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Do people here know how to even chart? If Eth loses $110 your best case scenario is a double bottom around $80 but there's absolutely a chance of eth dropping to even $14 believe it or not.
I think next year btc touches 4-5ks, eth/btc ratio drops to 0.0100ish which would make eth extremely cheap.
I do not think that ETH can fall to $ 14, probably maximum ETH will fall to the price of $ 80-100, also do not forget that ETH will soon update 2.0. There's a good chance Eth 2.0 will not go fully live until 2022 https://www.newsbtc.com/2019/12/16/two-reasons-why-ethereum/If btc drops to 4ks which is very possible next year, halving is doing nothing mark my words, eth will drop easily 50% from here at least.
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Do people here know how to even chart? If Eth loses $110 your best case scenario is a double bottom around $80 but there's absolutely a chance of eth dropping to even $14 believe it or not.
I think next year btc touches 4-5ks, eth/btc ratio drops to 0.0100ish which would make eth extremely cheap.
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Where is the technical analysis for such a prediction? I see eth eventually hitting ATH but it will take years but seems like a lot of hopium here. The fact is at the moment no one is using BTC, XRP, ETH or any other crypto... and if it comes down to scaling... Hashgraph has everyone beat. Plus, Leemon Baird is smarter than Vitalik, Garlinghouse and Satoshi put together.
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For me, those that know how to play their card with BTC, BCH and BSV halving coming soon, will surely make money. The only concern I have about BCH is the long term commitment of Roger Ver to the project because it seems to me his commitment to the project is waning.
Roger Ver seems keener than ever to promote BCH and of course he has a hefty bet on it succeeding btc in the future.
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